February 17, 2021/SEC Nigeria The Federal High Court sitting in Abuja has adjourned to April 15, 2021 the case between the Federal Government of Nigeria and Dantata Success and Profitable Company and four others. The company and its promoters were last year charged before the Federal High Court in Abuja for investment […]
Frauds & Scandals
AfDB debars Global Interjapan (Kenya) Limited for 36 months for fraudulent practices
Global Interjapan (Kenya) Limited engaged in fraudulent practices during a tender for the Bank-financed Small Scale Irrigation and Value Addition Project in Kenya February 16, 2021/AfDB The African Development Bank Group (AfDB.org), on 16 February 2021, announces the 36-month debarment of Global Interjapan (Kenya) Limited with effect from 24 August […]
SEC Charges California Company and Its CEO with Misleading Investors About Covid-19 Blood Test and Financial Reports
February 11, 2021/US SEC The Securities and Exchange Commission today charged Arrayit Corporation, a Sunnyvale, California company, with making false and misleading statements about the development of a COVID-19 test, and with failing to file required financial reports. The SEC also charged Arrayit’s co-founder and Chief Executive Officer, Rene Schena, […]
